Providing news, tips and advice in Canadian real estate market

City of Burlington 2018 Proposed Operating Budget and Tax

City of Burlington has proposed a new operating budget and city tax increase of 4.19% in 2018. The officials areĀ planning to meet and discuss on Thursday Jan 18. And scheduled for council approval on Monday Jan 22.

Most of the budget will be going towards renewal of city infrastructure, followed by transit and fire protection. And a generous amount for enhancing and maintenance of city sport fields.

āDespite a number of significant budget pressures like the increase to Ontarioās minimum wage effective Jan. 1, 2018, and funding needed to address operational challenges in transit, Burlingtonās proposed operating budget continues to ensure our assets are renewed and maintained in a fiscally responsible manner. Since 2011, overall tax increases in Burlington have averaged 1.9 per cent. In a comparison of property taxes in municipalities in the Great Toronto Hamilton Area, Burlingtonās property taxes are the third lowest for a residential single-family detached home.āĀ saidĀ Joan Ford, City of Burlington Treasurer and Director of Finance

Proposed 2018 Operating Budget

This is true when examined. Burlington appears to be 4th lowest for residential single-family detached home. Hamilton being the highest. Not to mention voted #1 mid sized city in Canada.